1997-0214_GLENFED DEV CORP._Retention Release JMaen
i � e MEMBERS OF THE CITY COUNCIL
COLLENE CAMPBELL
JOHN R
February 14, 1997 1t MORPOeetto WYATT HART
fi:. s.( 1961 GIL JONES
1776 i DAVID M.SWERDLIN
• l •
CITY MANAGER
GEORGE SCARBOROUGH
Mr. Richard Curtis, Jr.
GlenFed Development Corporation
401 North Brand Boulevard, Suite M-722
Glendale, California 91203
Re: Completion of Public Street Improvements. Tract 12262 and 12423
Dear Mr. Curtis:
Per City Council action of February 4, 1997, the following bonds are hereby released:
BOND NO. PURPOSE AMOUNT
6154409 Construction of Off-Site $64,615
Improvements
6154412 Construction of Off-Site $74,680
Improvements
Enclosed are certified copies for your records.
If you have any questions, please do not hesitate to call me at (714) 443-6310.
Very truly yours,
1at019/1• and/tel-bLe
Dawn M. Schanderl
Deputy City Clerk
Enclosure
cc: William Huber, Director Engineering & Building
Sam Shoucair, Civil Engineer
Fidelity and Deposit Company of Maryland
nnrl nntTn cn .r minor nntr- rnnr.,n r- nr rrnnnit (711) iiq'4-1171
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
I, DAWN M. SCHANDERL, Deputy City Clerk of the City of San Juan Capistrano,
California, DO HEREBY CERTIFY that the attached is a true and correct copy of the following
document:
1. Subdivision Faithful Performance Bond No. 6154409, dated February 8, 1988, in the
reduced amount of$64,615 and regarding construction of off-site improvements,
Improvement Agreement, Tract 12262 (Glendale Development Corporation).
2. Subdivision Labor and Material Bond No. 6154409, dated February 8, 1988, in the
reduced amount of $64,615 and regarding construction of off-site improvements,
Improvement Agreement for Tract 12262 (Glendale Development Corporation).
3. Subdivision Faithful Performance Bond No. 6154412, dated February 8, 1988, in the
reduced amount of$74,680 and regarding construction of off-site improvements,
Improvement Agreement, Tract 12423 (Glendale Development Corporation).
4. Subdivision Labor and Material Bond No. 6154412, dated February 8, 1988, in the
reduced amount of$74,680 and regarding construction of off-site improvements,
Improvement Agreement for Tract 12423 (Glendale Development Corporation).
(SEAL)
Atooli
• (! �/
DAWN M. SCH• P ERL, DEPUTY CITY CLERK
San Juan Capistrano, California
Dated this 14th day of February, 1997.
t''''''\ 0 Be prestarn chwge,..1, :or I ms ococ,
• fa the cam :hares
SUBDIVISION FAITHFUL PERFORMANCE BOND /
(GOVERNMENT CODE S 66499 . 1) C -�'O 641)t/-
.(97)�
9/ dg26,2_,
WHEREAS , the City Council of the City of San Juan Capistrano ,
State of California, and flenfed Development Corporation
(hereafter designated as "Principal") , have entered into a Sub-
division Agreement whereby Principal agrees to install and complete
certain designated public improvements , which said Agreement dated
February 8 , 1488 , and identified as Project Tract 12262 ,
is hereby referred to a4d made a part hereof; and
WHEREAS , said Pr .ncipal is required, under the terms of the
said Agreement, to furnish a bond for the faithful performance of
said Agreement; .
NOW, THEREFORE, we, the Principal and Fidelity and Deposit
Company of Maryland , as Surety, are held firmly bound
unto the City of San Juan Capistrano (hereafter called "Obligee") ,
in the sum Of Two Hundred Fifteen Thousand Three Hundred Eighty Two
Dollars, lawful money of the United States , for the payment of .
which sum well and trul to be made, we bind ourselves , our heirs ,
successors, executors d administrators , jointly and severally,
firmly by these presen .
NOW, THEREFORE , the condition of this obligation is such
that if Principal shall promptly and faithfully perform said
improvements , then the obligation shall be null and void; otherwise
it shall remain in full force and effect. Surety waives any rights ,
if there by any, to require that a demand be made first against
the Principal in the event of default. RELEASED
BE IT FURTHER RESOLVED: DATE 0?._11
-41
INITIALS OE' ,,11._
• 1 . As a part of the obligation secured hereby , and in
r)
addition to the face amount specified, there shall be included
costs and reasonable expenses and fees , including reasonable
attorney' s fees , incurred by City in successfully enforcing such
obligation, all to be taxed as costs and included in any judgment
rendered.
2. Said Surety, for value received, hereby stipulates and
agrees that no change, extension of time, alteration, or modifi-
cation of the contract documents or of the work to be performed
thereunder, shall in any way affect its obligations or this bond,
and it does hereby waive notice of any such change, extension of
time, alterations , or modifications of the contract documents or
of work to be performed thereunder .
Executed this 8th day of February , 1988 , at
Pasadena , California.
PR 'CI P ' • Glenfed Development Corpora tic
is — v• d.�i�
(ham tc, v. P
(NOTARIZATION AND SEALY
SURETY
APPROVED AS TO FORM. Fidelity d De sit Company of Maryland
I 0 i ata.4.0 B : 1"--7 27-- --:—/'--‘—.2 ....—. .
a e
Ch rl s F . Wilson , Attorney-in- fact
Aill &-•, (NOTARIZATION AND SEAL)
J- , R. Shaw
' Attorney
CAT. NO.TNIN00737
TO 1945 CA(8-84)
(Corporation) J TICOR TITLE INSURANCE
3 STATE OF CALIFORNIA
}
COUNTY OF Los Angeles SS.
On February 8 , 1988before me, the undersigned, a Notary Public in and for
t said State, personally appeared Tak Fuji i
personally known to me or proved to me on the basis
W of satisfactory evidence to be the person who executed
s the within instrument as the S r . Vice
W
z President, and' W i l l i Fim R . Willis
w
personally known to me or ..... ......_
L• proved to me on the basis of satisfactory evidence to be +•� ° OFFICIAL SEAL
• the person why executed the within instrument as the o ANGELA M. RY3KA
I V 1 c e President )tik- of the Corporation w�' "��!►`s��'� NOTARY PUBLIC-CALIFORNIA
ILL
that executed the within instrument and acknowledged V PRINCIPAL OFFICE IN
to me that such corporation executed the within instru- N.'r 'r LOS ANGELES COUNTY
1 ment pursuant to its by-laws or a resolution of its ' ,•o , My Commission Exp. Nov. 6, 1990
board of directors.
WITNESS my/hand and official seal.
t I , � (
Signature '� k u L��� k,_ t- ( I19b (This area for official notarial seal)
' /
• V
Cal fo�M
STATE OF____
nia
SS:
COUNTY OF______L _i_ w 1 .S
On this 8th day of February , in the year �9 8 8 , before me
'LINDA L. C H I P M AN. , Notary Public, personally appeared
thARLES F. WILSON
, personally known to me
(or proved to me on the basis of satisfactory evidence) to be the person who executed this instrument as attorney-in-fact of
the Fidelity and Deposit Company of Maryland, the corporation therein named, and acknowledged to me that the corporation
executed it. r �.,,� 0 ti OFFICIAL SEAL - X ��
LINDA L. CHIPMAN
(:). -,-,---
Q -e.-1. Notary Public-California
Acknowledgement Certif.a ',- A
•* ,° Principal Office In
.�:u Los Angeles County
v,n,a,,,' My Comm. Exp. Apr. 11, 1989
L9427(CAI-5M, 7- . +a-a...-r.-•-4-***-•••H••••♦
STATE oF_ California
Los Angeles ss:
COUNTY OF g
On this 8th day of February , in the year �9 8 8 , before me
LINDA L. CHIPMAN , Notary Public, personally appeared
Ch . 7.0 F. WILSON
, personally known to me
(or proved to me on the basis of satisfactory evidence) to be the person who executed this instrument as attorney-in-fact of
the Fidelity and Deposit Company of Maryland, the corporation therein named, and acknowledged to me that the corporation
executed it. FF~ ++~•~•
fP� o ti OFFICIAL SEAL � ����
LINDA L. CHIPMAN „cr�_ K�--
YNotary Public-California 1"-
Acknowledgement Certificate "{I11'131
s ,,1 � Principal Office In
J Los Angeles County
Y ; -...:" My Comm. Exp. Apr. 11, 1989
L4427 ICA I-5M, 7-86 24440-40-40-0-•-•-•-•••-•-•÷11-•••-•-••••N-....
Power of Attorney
FIDELITY AND DEPOSIT COMPANY OF MARYLAND
HOME ()ma. BALTIMORE.MD.
KNOW ALL MEN BY THESE PRESENTS: That the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, a corpora-
tion of the State of Maryland, by C. M. PECOT, JR. Vice-President, and C. W. ROBBINS ,
Assistant Secretary, in pursuance of authority granted by Article VI, Section 2, of the By-Laws of said Com-
pany, which reads as follows:
Sec.2.The President,or any Executive Vice-President,or any of the Senior Vice-Presidents or Vice-Presidents specially author-
ized so to do by the Board of Directors or by the Executive Committee,shall have power,by arid with the concurrence of the Secre-
tary or any one of the Assistant Secretaries, to appoint Resident Vice-Presidents, Assistant Vice-Presidents and Attorneys-in-Fact
as the business of the Company may require,or to authorize any person or persons to execute on behalf of the Company any bonds,
undertakings,recognizances,stipulations, p)licies,contracts,agreements,deeds,and releases and assignments of judgments,decrees,
mortgages and instruments in the nature of mortgages,and also all other instruments and documents which the business of the Com-
pany may require,and to affix the seal of the Company thereto.
does hereby nominate, constitute arid appoint Charles F. Wilson of Los Angeles, California
its true and lawful agent and Attorney-in-Fact, to make, execute, seal and deliver, for, and on its behalf as
surety, and as its act and deed: any and all bonds and undertakings
And the execution of such bonds or undertakings in pursuance of these presents,shall be as binding upon said
Company,as fully and amply, to all intents and purposes,as if they had been duly executed and acknowledged
by the regularly elected officers of the Company at its office in Baltimore, Md., in their own proper persons.
The said Assistant Secretary does herelhp certify that the aforegoing is a true copy of Article V!, Section 2, of the By-Laws of
said Company, and i. now in force.
IN WITNESS WHEREOF, the said Vice-President and Assistant Secretary have hereunto subscribed
their names and affixed the Corporate Seal of the said FIDELITY AND DEPOSIT COMPANY OF MARYLAND, this
....21s.t day of April , A.D. 19 ..81.
•�� FIDELITY AND DEPOSIT COMPANY OF MARYLAND
JJ" ���s''' ATTEST:
Tj
SEAL�� e 0.) n ejtji?"''< YB
�;.1...•��•
A ssistant Secretary Vice-President
STATE OF MARYLAND ` SS:
CITY OF BALTIMORE J
On this 21st day of April , A.D. 19 81 before the subscriber, a Notary Public of the State of
Maryland,in and for the City of Baltimore,duly commissioned and qualified,came the above-named Vice-President and Assistant
Secretary of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND,to me personally known to be the individuals and officers described
in and who executed the preceding instrument,and they each acknowledged the execution of the same,and being by me duly sworn,
severally and each for himself deposeth and saith,that they are the said officers of the Company aforesaid,and that the seal affixed
to the preceding instrument is the Corporat: Seal of said Company, and that the said Corporate Seal and their signatures as such
officers were duly affixed and subscribed to the said instrument by the authority and direction of the said Corporation.
IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my Official Seal,at the City of Baltimore,the day and year
first above written.
•��.�s) Notary Public Co .ossion Expires.�Iuly-..1_,-..1. 82
`' ''' CERTIFICATE
I,the undersigned,Assistant Secretary of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND,do hereby certify that the original
Power of Attorney of which the foregoing is a full,true and correct copy,is in full force and effect on the date of this certificate;and I
do further certify that the Vice-President who executed the said Power of Attorney was one of the additional Vice-Presidents spe-
cially authorized by the Board of Directors to appoint any Attorney-in-Fact as provided in Article VI,Section 2 of the By-Laws of
the FIDELITY AND DEPOSIT COMPANY OF MARYLAND.
This Certificate may be signed by facsimile under and by authority of the following resolution of the Board of Directors of the
FIDELITY AND DEPOSIT COMPANY OF MARYLAND at a meeting duly called and held on the 16th day of July, 1969.
RESOLVED: "That the facsimile or mechanically reproduced signature of any Assistant Secretary of the Company, whether
made heretofore or hereafter, wherever appearing upon a certified copy of any power of attorney issued by the Company, shall be
valid and binding upon the Company with the same force and effect as though manually affixed."
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporate seal of the said Company, this
1h day of February 19 8 --
L1426Ctf.-012 Assista Secretary
FOR YOUR PROTECTION LOOK FOR THE F&D WATERMARK
6154409
Aida.Md.- ..
RELEASED 4m,1-)/I" 612 r/6
Premium Included 1176a-d
14o ---AND MATERIAL BOND
INiTIALSWA/(1
KNOW' ALL MEN BY THESE PRESENTS: That
WHEREAS, the City of San Juan Capistrano, a municipal corporation of Orange
County, California, has awarded to Glenfed Development Corporation , License
No. , hereinafter designated as "Principal", a contract for Tract 12262
Const . of offsite improvements ; and
WHEREAS, said Principal is required to furnish a bond in connection with the
said contract providing that if said Principal, or any of his or its sub-contractors, shall
fail to pay for any materials, provisions, provender or other supplies or teams used in,
upon, for or about the performance of the work contracted to be done, or for any work or
labor done thereon of any kind, the surety or this bond will pay the same.
NOW, THEREFORE, we Glenfed Development Corporation
Principal, and Fidelity and Deposit Cormnanv of Maryland , as surety, are
held firmly bound unto the City of San Juan Capistrano, a municipal corporation, in the
penal sum of Two Hundred Fifteen Thousand Three Hun . Eighty TwcDOLLARS
($ 215 , 382 ), lawful money of the United States of America, for payment of which sum
well and truly to be made we bind ourselves, our heirs, executors, administrators and
successors, jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION is such that, if said Principal, his or its
heirs, executors, administrators, successors or assigns, or sub-contractors, shall fail to
pay for any materials, provisions, provender, or teams, or other supplies or equipment
used in, upon, for or about the performance of the work contracted to be done, or for any
work or labor done thereon of any kind, or for amounts due under the Unemployment
Insurance Act with respect to such work or labor as required by the provisions of Title 1,
Division 5, Chapter 3 of the Government Code of California as amended, that the surety
will pay for the same in an amount not exceeding the sum specified in this bond and also
in case suit is brought upon the bond, a reasonable attorney's fee to be fixed by the
court. This bond shall inure to the benefit of any and all persons, companies and
corporations entitled to file claims under said act, so as to give a right of action to them
or their assigns in any suit brought upon this bond.
FURTHER, the said surety, for value received, hereby stipulates and agrees that
no change, extension of time, alteration or modification of the contract documents or of
the work to be performed thereunder shall in any way affect its obligation on this bond
and it does hereby waive notice of any such change, extension of time, alteration or
modification of the contract documents or of work to be performed thereunder.
As a part of the obligation secured hereby, and in addition to the face amount
specified therefor, there shall be included costs and reasonable expenses and fees,
including reasonable attorney's fees, incurred by City in successfully enforcing such
obligation, all to be taxed as costs and included in any judgment rendered.
•
IN WITNESS WHEREOF three (3) identical counterparts of this instrument, each
of which shall for all purposes be deemed an original thereof, have been duly executed by
the Principal and surety herein named on the 8th day of February
19 88 . The name and corporate seal of each corporate party being hereto affixed and
these presents duly signed by its undersigned representatives pursuant to authority of its
governing body.
G enfed evelopment Corporation
R1NC1 AL
t - - fir. �J•c
By w "4 ,0v.
Fidelity and Deposit Company
of Maryland
SURETY
By
Charles F . Wilson, Attorney-in-fact
APPROVED AS TO FORM
, 1
ir-` R. SHAW, ATTORNEY
a
4
A
1
•
•
•. .
011111111
WW1 . ,
FEBC '
CP Of-
Cs
4/.
.4 SAN Jcli
SI AT RI"°
A
.•
CAT. NO. NN00737
TO 1945 CA (8-84)
(Corporation) J TICOR TITLE INSURANCE
1 STATE OF CALIFORNIA
COUNTY OF Los Angeles } SS.
On February 8 , 1988 before me, the undersigned, a Notary Public in and for
t said State, personally appeared '261k Fuji'
personally known to me or proved to me on the basis
w of satisfactory evidence to be the person who executed
✓ the within instrument as the S r . Vice
W
• z President,and William R . Willis
ipersonally known to me or •" �,4 OFFICIAL SEAL
< proved to me on the basis of satisfactory evidence to be • ANGELA M. RYBKA
:
• the person who, executed the within instrument as the ..0,
. , NOTARY PUBLIC•CALIFORNIA
Vice President >�of the Corporation '.• 4.,-4::',:V.` PRINCIPAL OFFICE IN
that executed the within instrument and acknowledged ` '°tit%r LOS ANGELES COUNTY
to me that such corporation executed the within instru MY Commission Exp. Nov. 6, 1990
ment pursuant to its by-laws or a resolution of its
board of directors.
" WITNESS my and and official seal.
Signature Wily Oo__ P ' Vi#9 Q (This area for official notarial seal)
1
("N "") ille pt•esdum chcugs d :or tea Dos&
�{ b J4'-09
s _!oc the �rra thereof
• (2) fi) SUBDIVISION FAITHFUL PERFORMANCE BOND /
(C:
{GOVERNMENT CODE § 66499 . 1) t_Lt� ° L`t�. 6'46/S
< -7) g/H// Gz''>'ymv
WHEREAS , the City Council of the City of San Juan Capistrano ,
State of California, and Glenfed Development Corporation
(hereafter designated as "Principal") , have entered into a Sub-
division Agreement whereby Principal agrees to install and complete
certain designated public improvements , which said Agreement dated
February 8 , 1988 , and identified as Project Tract 12262 ,
is hereby referred to and made a part hereof; and
WHEREAS , said Principal is required, under the terms of the
said Agreement, to furnish a bond for the faithful performance of
said Agreement; .
NOW, THEREFORE, we, the Principal and Fidelity and Deposit
Company of Maryland , as Surety, are held firmly bound
unto the City of San Juan Capistrano (hereafter called "Obligee") ,
in the Sum of Two Hundred Fifteen Thousand Three Hundred Eighty Two
Dollars, lawful money of the United States , for the payment of .
which sum well and truly to be made, we bind ourselves , our heirs ,
successors , executors and administrators , jointly and severally,
firmly by these presents .
NOW, THEREFORE, the condition of this obligation is such
that if Principal shall promptly and faithfully perform said
improvements , then the obligation shall be null and void; otherwise
• it shall remain in full force and effect. Surety waives any rights ,
if there by any, to require that a demand be made first against
the Principal in the event of default.
BE IT FURTHER RESOLVED:
• 1. As a part of the obligation secured hereby , and in
t)
addition to the face amount specified, there shall be included
costs and reasonable expenses and fees , including reasonable
attorney ' s fees , incurred by City in successfully enforcing such
obligation, all to be taxed as costs and included in any judgment
rendered.
2. Said Surety, for value received, hereby stipulates and
agrees that no change, extension of time, alteration, or modifi-
cation of the contract documents or of the work to be performed
thereunder, shall in any way affect its obligations or this bond,
and it does hereby waive notice of any such change, extension of
time, alterations , or modifications of the contract documents or
of work to be performed thereunder .
Executed this 8th day of February , 1988 , at
Pasadena , California.
PRIM I AL Glenfed Development Corporatic
, tijk)% 14; —. )vtp .
mmoimmor IMMO
(NOTARIZATION AND SEAL?
4 SURETY
APPROVED AS TO FORM. Fidelity a Deposit Company of Maryland
0 1
3 B : -,r7-X-1 -----‘*-
Charles F . Wilson , Attorney--in-fact
4r► 1..1 (NOTARIZATION AND SEAL)
J . • R. Shaw
' it. Attorney
•
I .
CAT. NO. NN00737
TO 1945 CA (8-84)
(Corporation) J TICOR TITLE INSURANCE
Y
STATE OF CALIFORNIA
COUNTY OF Los Angeles } ss.
On February 8 , 1988 before me, the undersigned, a Notary Public in and for
t said State, personally appeared lrlk Fujii
personally known to me or proved to me on the basis
W of satisfactory evidence to be the person who executed
s the within instrument as the sr . Vice
W
z President, and [Ali 1 1 i am R . Willis
personally known to me orii. +,':..... %
< proved to me on the basis of satisfactory evidence to be �� Flcuf sA�
• the person who. executed the within instrument as the a ANGELA M. RYBKA
1 Vice President 7"11j .a�: NOTARY PUBLIC-CALFORNIA
�Y �of the Corporation a, Pf?UICIPAI.OFFIrE IN
s;;..
that executed the within instrument and acknowledged \ ...4.4..
�Z' jos avetLes COUNTY
to me that such corporation executed the within instru- `���; My Commission Exp. Nov. (, 1999
# ment pursuant to its by-laws or a resolution of its
board of directors.
WITNESS my h yl and official seal.
1
Signature '� 0Ql/ ]-tk.+ (This area for official notarial seal)
•
e' Power of Attorney
FIDELITY AND DEPOSIT COMPANY OF MARYLAND
HOME OFFIQi BALTIMORE.MD.
KNOW ALL MEN BY THESE PRESENTS: That the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, a corpora-
tion of the State of Maryland, by C. M. PECOT, JR. , Vice-President, and C. W. ROBBINS ,
Assistant Secretary, in pursuance of authority granted by Article VI, Section 2, of the By-Laws of said Com-
pany, which reads as follows:
SEC.2.The President,or any Executive Vice-President,or any of the Senior Vice-Presidents or'Vice-Presidents specially author-
ized so to do by the Board of Directors or by the Executive Committee,shall have power,by arid with the concurrence of the Secre-
tary or any one of the Assistant Secretaries, to appoint Resident Vice-Presidents, Assistant Vice-Presidents and Attorneys-in-Fact
as the business of the Company may require,or to authorize any person or persons to execute on behalf of the Company any bonds,
undertakings,recognizances,stipulations,policies,contracts,agreements,deeds,and releases and assignments of judgments,decrees,
mortgages and instruments in the nature of mortgages,and also all other instruments and documents which the business of the Com-
pany may require,and to affix the seal of the Company thereto.
does hereby nominate, constitute aid appoint Charles F. Wilson of Los Angeles, California
its true and lawful agent and Attorney-in-Fact, to make, execute, seal and deliver, for, and on its behalf as
surety, and as its act and deed: any and all bonds and undertakings
And the execution of such bonds or undertakings in pursuance of these presents,shall be as binding upon said
Company,as fully and amply, to all intents and purposes,as if they had been duly executed and acknowledged
by the regularly elected officers of the Company at its office in Baltimore, Md., in their own proper persons.
The said Assistant Secretary does herd)) certify that the aforegoing is a true copy of Article V!, Section 2, of the By-Laws of
said Company,and i. now in force.
IN WITNESS WHEREOF, the said Vice-President and Assistant Secretary have hereunto subscribed
their names and affixed the Corporate Seal of the said FIDELITY AND DEPOSIT COMPANY OF MARYLAND, this
21st day of April , A.D. 19 _.81.
,..4.0.4.4, FIDELITY AND DEPOSIT COMPANY OF MARYLAND
ooc►os' ATTEST:
_ r
4dSEAL I /\/\ 81/7/L t .a �� \ ( • \ By
Assistant Secretary Vice-President
STATE OF MARYLAND ` SS:
CITY OF BALTIMORE f
On this 21 st day of April , A.D. 19 81 before the subscriber, a Notary Public of the State of
Maryland,in and for the City of Baltimore,duly commissioned and qualified,came the above-named Vice-President and Assistant
Secretary of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND,to me personally known to be the individuals and officers described
in and who executed the preceding instrument,and they each acknowledged the execution of the same,and being by me duly sworn,
severally and each for himself deposeth and saith,that they are the said officers of the Company aforesaid,and that the seal affixed
to the preceding instrument is the Corporat: Seal of said Company, and that the said Corporate Seal and their signatures as such
officers were duly affixed and subscribed to the said instrument by the authority and direction of the said Corporation.
IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my Official Seal,at the City of Baltimore,the day and year
first above written. J
•
•: - !
����� + Notary Public Co .Ission Expires-.Iu7y.--1.,--.1.x$2
°"`` .. CERTIFICATE
I,the undersigned,Assistant Secretary of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND,do hereby certify that the original
Power of Attorney of which the foregoing is a full,true and correct copy,is in full force and effect on the date of this certificate;and I
do further certify that the Vice-President who executed the said Power of Attorney was one of the additional Vice-Presidents spe-
cially authorized b the Board of Directors to appoint any Attorney-in-Fact as provided in Article VI,Section 2 of the By-Laws of
the FIDELITY AND DEPOSIT COMPANY OF MARYLAND.
This Certificate may be signed by facsimile under and by authority of the following resolution of the Board of Directors of the
FIDELITY AND DEPOSIT COMPANY OF MARYLAND at a meeting duly called and held on the 16th day of July, 1969.
RESOLVED: "That the facsimile or mechanically reproduced signature of any Assistant Secretary of the Company, whether
made heretofore or hereafter, wherever appearing upon a certified copy of any power of attorney issued by the Company, shall be
valid and binding upon the Company with the same force and effect as though manually affixed."
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporate seal of the said Company, this
8th day of.....February , 19..-.88
LI4ssctr.-012 Assists Secretary
FOR YOUR PROTECTION LO.OK FOR THE F&D WATERMARK
, 4
STATE OF___ California
I.
t COUNTY OF Los Angeles ss:
On this 8th day of February , in the year 1988 , before me
Linda L. Chipman , Notary Public, personally appeared
Charles F . Wilson , personally known to me
(or proved to me on the basis of satisfactory evidence) to be the person who executed this instrument as attorney-in-fact of
the Fidelity and Deposit Company of Maryland, the corporation therein named, and acknowledged to me that the corporation
executed it.
o•-•-•-•-•-•-•-•-•+•-••-•-•-•••-•
�~-•+~ ••~••+•
'' �4 OFFICIAL SEAL L44-5
`s LINDA L. CHIPMAN �� ( L-�'�
ayir
�� Notary Public-California
Acknowledgement Ceni,c��� ..j ^g,9: Principal Office In
'` J
Los Angeles County
cac,«aM a My Comm. Exp.Apr. 11, 1989
L4427(CAI-3M, i-c, '""1 ,_•-•-•,►.•++++-•+•-•.•-+-•+r++•�
615440' k
Premium Included
6c0 d- --
LABOR AND MATERIAL BOND . )1.-/1/6/5". 6'72 8/61�/
KNOW ALL MEN BY THESE PRESENTS: That
WHEREAS, the City of San Juan Capistrano, a municipal corporation of Orange
County, California, has awarded to Glenfed Development Corporation , License
No. , hereinafter designated as "Principal", a contract for Tract 12262
Const . of offsite improvements ; and
WHEREAS, said Principal is required to furnish a bond in connection with the
said contract providing that if said Principal, or any of his or its sub-contractors, shall
fail to pay for any materials, provisions, provender or other supplies or teams used in,
upon, for or about the performance of the work contracted to be done, or for any work or
labor done thereon of any kind, the surety or this bond will pay the same.
NOW, THEREFORE, we Glenfed Development Corporation
Principal, and Fidelity and Deposit Comnanv of Maryland , as surety, are
held firmly bound unto the City of San Juan Capistrano, a municipal corporation, in the
penal sum of Two Hundred Fifteen Thous . Three Hun . Eighty Two DOLLARS
($215 , 382 .), lawful money of the United States of America, for payment of which sum
well and truly to be made we bind ourselves, our heirs, executors, administrators and
successors, jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION is such that, if said Principal, his or its
heirs, executors, administrators, successors or assigns, or sub-contractors, shall fail to
pay for any materials, provisions, provender, or teams, or other supplies or equipment
used in, upon, for or about the performance of the work contracted to be done, or for any
work or labor done thereon of any kind, or for amounts due under the Unemployment
Insurance Act with respect to such work or labor as required by the provisions of Title 1,
Division 5, Chapter 3 of the Government Code of California as amended, that the surety
will pay for the same in an amount not exceeding the sum specified in this bond and also
in case suit is brought upon the bond, a reasonable attorney's fee to be fixed by the
court. This bond shall inure to the benefit of any and all persons, companies and
corporations entitled to file claims under said act, so as to give a right of action to them
or their assigns in any suit brought upon this bond.
FURTHER, the said surety, for value received, hereby stipulates and agrees that
no change, extension of time, alteration or modification of the contract documents or of
the work to be performed thereunder shall in any way affect its obligation on this bond
and it does hereby waive notice of any such change, extension of time, alteration or
modification of the contract documents or of work to be performed thereunder.
As a part of the obligation secured hereby, and in addition to the face amount
specified therefor, there shall be included costs and reasonable expenses and fees,
including reasonable attorney's fees, incurred by City in successfully enforcing such
obligation, all to be taxed as costs and included in any judgment rendered.
•
IN WITNESS WHEREOF three (3) identical counterparts of this instrument, each
of which shall for all purposes be deemed an original thereof, have been duly executed by
the Principal and surety herein named on the 8th day of February
19 88 . The name and corporate seal of each corporate party being hereto affixed and
these presents duly signed by its undersigned representatives pursuant to authority of its
governing body.
G1 • f- . D-velopment Corporation
PLCIPL
By W tAarj4
Fidelity and Deposit Company
of Maryland
SURETY
By •
Charles F . Wilson, Attorney-in-fact
APPROVED AS TO FORM
_ _
R. SHAW, ATTORNEY
•
•
f
.416.
ECE.11\1f.0
FEB 0 9 1
C,11"1 OF
SAN NAN CAPISTRANO
CAUPORNIA
• k
t
STATE OF__-__ California
COUNTY OF Los Ant,,,ci 8 SS:
On this 8 t h day of Feb r u a ry , in the year is 8 8 , before me
LINDA L. CHIPMAN , Notary Public, personally appeared
• CHARLES F. WILSON , personally known to me
(or proved to me on the basis of satisfactory evidence) to be the person who executed this instrument as attorney-in-fact of
the Fidelity and Deposit Company of Maryland, the corporation therein named,and acknowledged to me that the corporation
executed it. ""�'�"�"-'�'•-•••-'•
LII
OFFICAL SEALLINDA L. CHIPMAN (/ (7�'- Notary Pubc-CaforniaAcknowledgement CenificatoPrincipal Office In
Los Angeles County My Comm. Exp. Apr. 11, 1989
L4427(CAI-5M, 7-86 24661.4 H...y,._�.,�........,.r.4.....
CAT. NO. NN00737
, TO 1945 CA (8-84)
(Corporation) J TICOR TITLE INSURANCE
i STATE OF CALIFORNIA
COUNTY OF Los Angeles } SS.
On February 8 , 1988 before me, the undersigned, a Notary Public in and for
t said State, personally appeared Tak Fujii
personally known to me or proved to me on the basis
W of satisfactory evidence to be the person who executed
E the within instrument as the S r . Vice
W
z President, and William R _ Willis
personally known to me or `�� OFFICIAL SEAL
• proved to me on the basis of satisfactory evidence to be ANGELA M. RYE3KA
• the person who, executed the within instrument as the fi' NOTARY PUBLIC-CALIFORNIA
Vice President S f1f}K of the Corporation PRINCIPAL OFFICE IN
that executed the within instrument and acknowledged `, LOS ANGELES COUNTY
to me that such corporation executed the within instru-
ment pursuant to its by-laws or a resolution of its •
board of directors.
WITNESS my nd and official seal. /�
Signature 01 i H . V , , i ,„,__,
/ (This area for official notarial seal)